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cnbc's shartia brantley live with that story and more. >> many ggood morning, aaron. >>> target plans to hire 63,000 workers this season. it's actually down from the 92,000 the retailer added last year. however, target says 30% of those temporary workers stayed at the company for year round positions. and kohl's plans to increase its holiday hiring by more than 10% from last year, or an average of 41 people per store. retailers expect holiday sales to be on par with last year. holiday hiring is generally a good indicator of how confident stores are with their seasonal business. >>> and walmart is teaming up with humana to reward customers for buying healthy food. more than 100 members of humana's healthy rewards program will get a 5% credit on 1,300 items, including fresh produce, lean cuts of meat, skim milk and brown rice. the program starts october 15th, and credits can be used on future purchases. food accounts for more than half of walmart's annual sales, and walmart is the largest food retailer in the u.s. >> shartia brantley at cnbc, thank you. >>> we've only seen little glimps
cnbc's shartia brantley live with that story and more. >> many ggood morning, aaron. >>> target plans to hire 63,000 workers this season. it's actually down from the 92,000 the retailer added last year. however, target says 30% of those temporary workers stayed at the company for year round positions. and kohl's plans to increase its holiday hiring by more than 10% from last year, or an average of 41 people per store. retailers expect holiday sales to be on par with last year....
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cnbc's hampton pearson is live with more on that. hampton, good morning. >> good morning, aaron. as you were just talking about, this is the first anniversary of the beginning of the occupy wall street movement. demonstrators heading back to manhattan's financial district for coordinated protests, including the new york stock exchange. a dozen protesters were arrested over the weekend during a march on saturday. protests are scheduled in 30 cities around the world. >>> diners at mcdonald's may notice something different on their next trip to the drive-thru. mcdonald's will begin posting calorie counts on all of their menus. it comes as part of the new health care law. mcdonald's is the first large fast food chain to post nutrition information. but all restaurants with 20 or more locations will have to follow suit. the highest calorie count is not the big mac. the top spot goes to the big breakfast, clocking in at 1,150 calories. zero calories here right now, aaron. >> hampton pearson at cnbc, thank you. >>> there is a new study that shows kids are eating a dangerous amount of sal
cnbc's hampton pearson is live with more on that. hampton, good morning. >> good morning, aaron. as you were just talking about, this is the first anniversary of the beginning of the occupy wall street movement. demonstrators heading back to manhattan's financial district for coordinated protests, including the new york stock exchange. a dozen protesters were arrested over the weekend during a march on saturday. protests are scheduled in 30 cities around the world. >>> diners at...
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cnbc's shartia brantley live with that story and more. >> many go, aaron. >>> americans are still going to college, but many are president 0ing to stop their education after four years. a report shows new enrollment in grad school has dropped for the second straight year. that follows a surge in 2008 and 2009 as some unemployed workers sought refuge from the recession. experts say students may be dissuaded from continuing school in part from the increased amount of debt they've taken on from the undergrad years. state budget cuts have also forced schools to reduce financial aid for grad students. >>> and facebook thinks it's better to give than to receive. the social networking site is launching a feature that allows users to send real gifts like chocolate, coffee, and flowers to their friends. facebook gifts is being rolled out gradually in the u.s. so here's how it works. a gift icon will show up on your friend's timeline, which they can unwrap virtually, and the actual gift shows up on their doorsteps a few days later. guys, this is facebook's first major push into e-commerce, and th
cnbc's shartia brantley live with that story and more. >> many go, aaron. >>> americans are still going to college, but many are president 0ing to stop their education after four years. a report shows new enrollment in grad school has dropped for the second straight year. that follows a surge in 2008 and 2009 as some unemployed workers sought refuge from the recession. experts say students may be dissuaded from continuing school in part from the increased amount of debt they've...
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he and president obama appeared separately on cnbc' "60 minutes" last night. romney clarified his comments about the 47% of americans who pay no income tax. >> i do a very good campaign. it's doing a good job, but not everything i say is perfect. i want to make it clear. i want to help 100% of americans. >> donors want to know, how do you turn this around? >> we don't need a turnaround. we have a campaign that's tied with the incumbent president of the united states. >> are you going to win this thing? >> i am going to win this thing. >> and president obama defending himself against mitt romney's criticism that the country is worse off now than when he took office four years ago. he told "60 minutes" steve croft the economy is on the road to recovery. >> we have 40 million new jobs, 500,000 new jobs in manufacturing alone. the question for the american people is do we keep moving forward and continue to make progress, or do we go backwards to the very policies that got us into this mess in the first place? >> the obama campaign is launching this ad that critic
he and president obama appeared separately on cnbc' "60 minutes" last night. romney clarified his comments about the 47% of americans who pay no income tax. >> i do a very good campaign. it's doing a good job, but not everything i say is perfect. i want to make it clear. i want to help 100% of americans. >> donors want to know, how do you turn this around? >> we don't need a turnaround. we have a campaign that's tied with the incumbent president of the united states....
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. >>> cnbc seema modi is live. >> target planning to hire 80,000 to 90,000 seasonal workers this holiday season. while that seems like a lot, it's down from the 92,000 the retailers add the last year. keep that in mind. however, target says 30% of those seasonal workers stayed with the company for year round positions. kohl's plans to increase holiday hiring 10% this year, or an average of 41 people per store. they expect holiday sales to be on par with last year. holiday hiring is generally a good indicator on how confident retailers are with the seasonal business. you can never get too early to start planning the holidays. >> seema, thanks so much. >>> this morning no major damage after hard hitting storms moved through the region. the rain came in very heavy downpours. look at that guy, the wind brought down trees and power lines in northern virginia. one outage at an intersection tied up traffic in route 7 in vienna. the dominion, virginia power crews quickly fixed the lines. flash flooding in frederick had students high stepping through knee deep water to get home from school. all t
. >>> cnbc seema modi is live. >> target planning to hire 80,000 to 90,000 seasonal workers this holiday season. while that seems like a lot, it's down from the 92,000 the retailers add the last year. keep that in mind. however, target says 30% of those seasonal workers stayed with the company for year round positions. kohl's plans to increase holiday hiring 10% this year, or an average of 41 people per store. they expect holiday sales to be on par with last year. holiday hiring...
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. >>> cnbc's hampton pearce says the new iphone is apparently good for business. >> good morning. we had apple passing another milestone. the company stock topped $700 a share in after hours trading last night, which puts its market value at more than $656 billion. it is the world's most valuable company. apple is being of the bboosted e fever. the company sold more than 2 million of its iphone iphone 5s first day of preorders. apple is quickly exceeding supply while the majority of pre-orders will be delivered on friday. many will be delayed a few weeks until october. all about apple. all about the markets. all about apple gdp. eun, back to you. >> we're finally going to have to see what this is all about when we get our hands on it. thanks so much, hampton. >>> we have a weather alert this morning as severe storms move into the area. and power companies are keeping a close eye on those storms. they're preparing for high winds that could cause trees and power lines to come down very likely. dominion virginia power has crews on stand by right now from as far away as north carolina
. >>> cnbc's hampton pearce says the new iphone is apparently good for business. >> good morning. we had apple passing another milestone. the company stock topped $700 a share in after hours trading last night, which puts its market value at more than $656 billion. it is the world's most valuable company. apple is being of the bboosted e fever. the company sold more than 2 million of its iphone iphone 5s first day of preorders. apple is quickly exceeding supply while the majority...
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. >> seema mody at cnbc. thank you. >>> nationals fans, the wait is over. your team is in the playoffs. >> it's been nearly eight years. the washington nationals team is in the playoffs. the nationals beat the dodgers, guaranteeing the team its first trip to the postseason. and the berth came just in time for playoff tickets to go on sale this morning. something tells us they are going to go very quickly. news 4's megan mcgrath is live at nationals park this morning. couple people already in line. hard to believe, megan. >> reporter: yeah, well, there are limited quantities. of course, a lot of people want to get a hold of these tickets. we're expecting them to go very fast this morning. they go on sale at 10:00 a.m. earlier, we had a couple of people who were standing here at the ticket box waiting to get tickets when the ticket office opened later this morning. they got some e-mails saying they could buy tickets starting at 10:00. so they came here to the stadium. well, there's some confusion here as to whether or not you can buy in person here at the box
. >> seema mody at cnbc. thank you. >>> nationals fans, the wait is over. your team is in the playoffs. >> it's been nearly eight years. the washington nationals team is in the playoffs. the nationals beat the dodgers, guaranteeing the team its first trip to the postseason. and the berth came just in time for playoff tickets to go on sale this morning. something tells us they are going to go very quickly. news 4's megan mcgrath is live at nationals park this morning. couple...
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cnbc's shar ttia brantley is li with more. >>> the facebook fallout continues. about 50 lawsuits have been filed against the social media giant. the nasdaq, where facebook listed its ipo and the underwriters of the ipo. in addition, securities lawyers representing facebook investors say they expect hundreds of arbitration claims to be filed against brokers and securities firms. that pitched the company shares. facebook shares are down more than 45% since its may 18th ipo. back to you. >> shartia brantley, thank you. >>> a teenage cancer survivor from towsend, maryland, is a lot richer this morning. >> nick ruth won the mega millions lottery. the 19-year-old says he always buys a mega millions ticket at a 7-eleven near his job. he bought one on friday even though he was not working that day. got to stick with that rue tioua little bit. he ended up matching 5 out of 6 numbers on that ticket, and that is good for $250,000. not too shabby there. after taxes, he'll take home just over $165,000. he says he plans to pay off his car, put some money in the bank, and then
cnbc's shar ttia brantley is li with more. >>> the facebook fallout continues. about 50 lawsuits have been filed against the social media giant. the nasdaq, where facebook listed its ipo and the underwriters of the ipo. in addition, securities lawyers representing facebook investors say they expect hundreds of arbitration claims to be filed against brokers and securities firms. that pitched the company shares. facebook shares are down more than 45% since its may 18th ipo. back to you....
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cnbc's shartia brantley is live with more. >> good morning. >>> apple reaches a new milestone. the company topped $700 a share in after hours trading, which pushed its market value to $656 billion, making it by far the world's most valuable company. apple is being boosted by iphone fever. the company says it sold more than 2 million iphone 5s on the first day of preorders. the smart phone will hit stores on friday. apple says demand is quickly exceeding supply. and american airlines is cutting its flight schedule for september and october. american cancelled about 5% of its flights monday as pilots are calling in sick. the cancellations come in the wake of americans' move to toss out the contract with the pilots union so it can impose its own terms. the bankrupt airline is trying to cut billions in costs. the 8,000 member pilots union says it's not coordinating a sickout. back to you. >>> there's a new twist in nbc's "the voice," but fans will have to wait until next season to see the big changes. season 4 promises a shakeup to the coaching panel with shakira and usher replacin
cnbc's shartia brantley is live with more. >> good morning. >>> apple reaches a new milestone. the company topped $700 a share in after hours trading, which pushed its market value to $656 billion, making it by far the world's most valuable company. apple is being boosted by iphone fever. the company says it sold more than 2 million iphone 5s on the first day of preorders. the smart phone will hit stores on friday. apple says demand is quickly exceeding supply. and american...
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cnbc's bertha coombs with more. >> good morning, eun. >>> it seems you can't develop a technology these days without somebody getting sued saying, hey, we developed it first. toys 'r us on the hot seat being sued by toy technology developer fuhu. it accuses toys 'r us for stealing secrets for the new android tablet for kids. the retailer revealed plans to sell the tablet called the tabio for children. fuhu says it closely resembles its own device called the knobby. both products are wi-fi enabled and have a soft protective frame around them. meantime, toys 'r us is getting ready for the holidays full-time. they announced plans to hire 45,000 holiday workers this holiday season. >>> apple is involved in a massive patent lawsuit. still they sold a bunch of iphone 5s. you may have heard about that. apple announced the iphone 5 sold out. more than 5 million phones picked up the first three days of the sale over the weekend. that compares to 4 million iphone 4s units sold during its premiere weekend last year. some analysts are worried. they thought there would be bigger numbers. some expect
cnbc's bertha coombs with more. >> good morning, eun. >>> it seems you can't develop a technology these days without somebody getting sued saying, hey, we developed it first. toys 'r us on the hot seat being sued by toy technology developer fuhu. it accuses toys 'r us for stealing secrets for the new android tablet for kids. the retailer revealed plans to sell the tablet called the tabio for children. fuhu says it closely resembles its own device called the knobby. both products...
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cnbc's bertha coombs is live with that story and more. bertha, good morning. >> did you see last week as samsung was running the commercials as the iphone 5 was launching? these guys hate each other. >>> the battle continues in the courts, and both sides are unhappy with the $1 billion verdict that found samsung infringed on the technology used in apple's iphones and ipads. samsung is calling on the judge to amend or actually just toss out the jury's august 24th ruling. apple says samsung's infringement was deliberate and is seeking another $700 million in damages and interest. the two are set to see a federal judge at a december hearing on the 6th of december. >>> meantime, facebook is under the gun again. financial magazine "barron's" remains negative on the stock, saying it's still overpriced at $23 a share. probably worth $15 a share according to barron's. more and more facebook users are using facebook on mobile devices like iphones, and the company is still trying to figure out how to monetize mobile ads. facebook stock down 40% sin
cnbc's bertha coombs is live with that story and more. bertha, good morning. >> did you see last week as samsung was running the commercials as the iphone 5 was launching? these guys hate each other. >>> the battle continues in the courts, and both sides are unhappy with the $1 billion verdict that found samsung infringed on the technology used in apple's iphones and ipads. samsung is calling on the judge to amend or actually just toss out the jury's august 24th ruling. apple...
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financial editor jean shatzky and david bavrngs author of "debt free for life" and sharon epperson, cnbc's personal finance correspondent. good to see you, everybody. >> good to be here. >> we'll head to christine in hartford, connecticut. good morning and what's your call, your question? >> good morning. over the years i've had a hard time saving money to buy a home partly due to the cost of renting. i've been lucky to have a few stocks in the stock market and considering selling them for a down payment on a moderate home. if i were to do this, is it smarter to sell most of my investments to put a 20% down payment and avoid pmi, or sell a smaller amount and pay the pmi? >> all right. what do you think christine should do? >> quick question for christine. is this all your savings you're talking about? do you have emergency savings, a 401(k)? >> we have a 401(k). this would be considered my retirement savings, and part of my retirement savings, but i have multiple 401(k)s and we do have a smaller savings account. >> all right. so i wouldn't completely sabotage your savings in order to buy a
financial editor jean shatzky and david bavrngs author of "debt free for life" and sharon epperson, cnbc's personal finance correspondent. good to see you, everybody. >> good to be here. >> we'll head to christine in hartford, connecticut. good morning and what's your call, your question? >> good morning. over the years i've had a hard time saving money to buy a home partly due to the cost of renting. i've been lucky to have a few stocks in the stock market and...
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cnbc's bertha coombs is here to explain. bertha, good morning. >>> facebook does not have a dislike, thumbs down, but it's gotten a number of them since going public. the fallout continues this morning. about 50 lawsuits now filed against the social media giant. the nasdaq, where facebook listed its ipo, and the banks that helped bring that ipo forward. in addition, securities lawyers expect hundreds of arbitration claims to be filed against brokers. facebook shares are down more than 45% since it went public on may 18. >>> and it has been five years now since jk rowling published the final installment of her harry potter series, and she's back with her first novel for adults. a lot of adults read those harry potter books. this one's called "the casual vacancy." it hits stores today with 2 million copies ready to go. it's the largest print run for the book group whose little brown imprint is publishing the book in the u.s. guys, it is already number two on amazon. and from what i hear, harry potter, very clean cut. this one'
cnbc's bertha coombs is here to explain. bertha, good morning. >>> facebook does not have a dislike, thumbs down, but it's gotten a number of them since going public. the fallout continues this morning. about 50 lawsuits now filed against the social media giant. the nasdaq, where facebook listed its ipo, and the banks that helped bring that ipo forward. in addition, securities lawyers expect hundreds of arbitration claims to be filed against brokers. facebook shares are down more than...
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cnbc's shartia brantley is live with that story and more. >> many go, eun. >>> the battle between apple and samsung continues. both sides are unhappy with the $1 billion verdict that found samsung infringed on the technology used in apple's iphones and ipads. samsung is asking the judge to amend or toss out the jury's august 24th ruling. apple says samsung's infringement was deliberate and is seeking another $700 million in damages and interest. the two are set to see a federal judge at a december 6th hearing. >>> and facebook is under the gun again. financial magazine "barrons" remains firm on the stock and says it's worth less than $15 a year. more and more users are using the social network on mobile devices, and the company is still figuring out how to monetize those mobile ads. facebook stock is down 40% since its ipo price of $38 back in may. >>> "modern family" continued its reign at this year's 64th annual primetime emmy awards. the show won four statues, including best tv comedy series. cast members eric stone street and julie brown won supporting actor and actress awards. "two
cnbc's shartia brantley is live with that story and more. >> many go, eun. >>> the battle between apple and samsung continues. both sides are unhappy with the $1 billion verdict that found samsung infringed on the technology used in apple's iphones and ipads. samsung is asking the judge to amend or toss out the jury's august 24th ruling. apple says samsung's infringement was deliberate and is seeking another $700 million in damages and interest. the two are set to see a federal...
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cnbc's bertha coombs joins us with more. >> good morning, aaron. you may have seen people using their phones to pay at a starbucks. bank of america is testing technology to let customers pay for items at the checkout counter everywhere by scanning a code on their test phones. the test is currently being run in charlotte, north carolina. for now, only bank employees have access to that program. they expect it to top $171 billion worldwide just this year alone. >>> mean tile, the well-off are feeling a little bit better off. a new study by merrill lynch global wealth management fund finds that affluent americans feel more in criminal of their finances and are being less conservative with their investments. the study polled people with at least $250,000 in investable assets. they say they're living more within their means and they recognize there will likely be more volatility ahead in the markets due to the election and the looming fiscal cliff of tax hikes and spending cuts, which congress still has not addressed, and of course, the uncertainty in e
cnbc's bertha coombs joins us with more. >> good morning, aaron. you may have seen people using their phones to pay at a starbucks. bank of america is testing technology to let customers pay for items at the checkout counter everywhere by scanning a code on their test phones. the test is currently being run in charlotte, north carolina. for now, only bank employees have access to that program. they expect it to top $171 billion worldwide just this year alone. >>> mean tile, the...
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cnbc's shartia brantley with the headlines. >>> mortgage rates are on the decline again. they dropped in the past week after the federal reserve announced plans to start buying $40 billion of mortgage securities every month indefinitely to help boost the economy. the average rate on a 30-year fixed loan is at 3.49%, matching its all time low. and honda is on the move. the japanese auto maker plans to double its global sales to 6 million vehicles within the next five years. honda continues to rebound from the parts shortages caused by last year's earthquake and tsunami. honda does plan to roll out vehicles in the u.s. it does include a hybrid for next year and a fuel cell vehicle by 2014. >>> it is now 5:56. today the space shuttle "endeavour" will finally arrive in los angeles. the shuttle will take off this morning from edwards air force base in california. "endeavour" is strapped to a boeing 747. it began its cross country trip on wednesday when it took off from the wendy space center in florida.reat photo-ops from millions of people from louisiana to mexico. it flew ov
cnbc's shartia brantley with the headlines. >>> mortgage rates are on the decline again. they dropped in the past week after the federal reserve announced plans to start buying $40 billion of mortgage securities every month indefinitely to help boost the economy. the average rate on a 30-year fixed loan is at 3.49%, matching its all time low. and honda is on the move. the japanese auto maker plans to double its global sales to 6 million vehicles within the next five years. honda...
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cnbc's bertha coombs is live with that. you knew they had to come up with something pretty soon here. >> it's another way for them to make a little bit of cash. remember way back when, you used to be able to send like a virtual rose to somebody for their birthday. now facebook is making it real. the social networking site is launching a feature to let users send actual gifts like chocolate, coffee, and bouquets of flowers to their friends. the facebook gifts program being rolled out gradually here in the u.s. a gift icon will show up on your friend's timeline, which they can unwrap virtually, and they get the actual gift on their doorstep a few days later. it's facebook's first major push into e-commerce. they'll get a cut from each item sold. i know i saw them advertising that starbucks would be among the first participating in that program. >>> meantime, while americans are still going to college, many are opting to stop their education after four years. a report shows that new enrollment in grad school has dropped for th
cnbc's bertha coombs is live with that. you knew they had to come up with something pretty soon here. >> it's another way for them to make a little bit of cash. remember way back when, you used to be able to send like a virtual rose to somebody for their birthday. now facebook is making it real. the social networking site is launching a feature to let users send actual gifts like chocolate, coffee, and bouquets of flowers to their friends. the facebook gifts program being rolled out...
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cnbc's shartia brantley is live with more. >> diners nationwide may notice something different during their next trip to the drive-thru. mcdonald's will begin posting calorie counts on its menus today. it comes as part of the new health care law. mcdonald's with its 14,000 u.s. restaurants is the first large fast food chain to post nutrition information. all restaurants with 20 or more locations will eventually have to follow suit. what is the highest calorie item on the menu? no, it is not the big mac. the top spot actually goes to the big breakfast. clocking in at 1,150 calories. guys, this is more than half your daily caloric intake, but probably worth every one of those calories. >>> some men don't go a day without shaving and some like to grow out a little stubble. >> then there are those who have never seen a razor a day in their lives. more than 100 contestants from around the world gathered for the first beard and mustache championships. that guy didn't win. there were a lot of different categories here, though, including natural and freestyle matchups of mustaches and beards.
cnbc's shartia brantley is live with more. >> diners nationwide may notice something different during their next trip to the drive-thru. mcdonald's will begin posting calorie counts on its menus today. it comes as part of the new health care law. mcdonald's with its 14,000 u.s. restaurants is the first large fast food chain to post nutrition information. all restaurants with 20 or more locations will eventually have to follow suit. what is the highest calorie item on the menu? no, it is...
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sharon epperson is cnbc's personal finance correspondent. sharon, good to see you. >> good morning. >> >> good morning. according to the fdic, bank revenues have dropped almost $652 billion last year, about 1.9%. is that why we're seeing the increased fees? >> bank revenues did drop to that level, and we're seeing a loss in bank revenues due to the fact that there have been some major changes in regulations, regulations dealing with debit cards as well as overdraft plans. >> all right. we're paying higher fees, that's undeniable. monthly maintenance fees are up 25%. what exactly is a monthly maintenance fee, and why do the banks feel the need to pass this cost on to us? >> what you're paying for is the tellers, the call service centers as well as the maintenance of the online systems and the atm servicing. all of this goes into the overhead of the banks, and this is what you're paying for with the monthly maintenance weeks. >> out-of-network atm fees 2.50 but your bank may charge you more. >> 1.50 on top of that so the average is now $4. >>
sharon epperson is cnbc's personal finance correspondent. sharon, good to see you. >> good morning. >> >> good morning. according to the fdic, bank revenues have dropped almost $652 billion last year, about 1.9%. is that why we're seeing the increased fees? >> bank revenues did drop to that level, and we're seeing a loss in bank revenues due to the fact that there have been some major changes in regulations, regulations dealing with debit cards as well as overdraft...
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cnbc personal finance correspondent sharon epperson has important tips on making the right choice. good morning to you, sharon. >> good morning, natalie. >> so this is a really tough thing to talk about because a lot of people learned the hard way with bernard madoff, but financial advisers taking advantage or scamming their customers. how big a problem is this? >> it actually is quite a big problem. the cfp bore, the non-profit organization that certifies financial planners, said over half of their planners, people coming to them, particularly older americans, have been victims of some form of financial abuse, either because of the advice that they were given or the investments that they made, and so now they are in another situation on round two or three trying to rectify the situation. >> all right. so let's get to some important advice so they don't become a victim. you say the first thing is you want to hire a financial adviser, be sure to check them out thoroughly. do your home ork. >> one of the basic things, ask and check. want to know what their employment history is like,
cnbc personal finance correspondent sharon epperson has important tips on making the right choice. good morning to you, sharon. >> good morning, natalie. >> so this is a really tough thing to talk about because a lot of people learned the hard way with bernard madoff, but financial advisers taking advantage or scamming their customers. how big a problem is this? >> it actually is quite a big problem. the cfp bore, the non-profit organization that certifies financial planners,...
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. >>> now let's head to wall street and cnbc's mary thompson at the new york stock exchange. mary, how is it looking like it will close out the week? >> reporter: have to wait and see. a lot of news coming out. people on walling street focused on a different apple this morning, natalie, that being apple stores. crowds lining up around apple stores around the world, the reason being, of course, the iphone 5 goes on sale today. it is expected to be apple's top-selling phone to date. some analysts say by the end of the weekend apple may have sold 10 million of those fans. back to you. >> all right. mary thompson, back to you. >>> for a look at what's trending today, our quick roundup of what has you talking online. lady gaga is talking about her new curvier figure. gaga says she's put on 25 pounds because of her dad's delicious cooking. he owns a new york city restaurant. gaga says i love eating pasta and pizza. i'm a new york italian girl. >>> just a day after its release, one direction's new video for "live while you're young" is closing in on 2 million youtube views. check it
. >>> now let's head to wall street and cnbc's mary thompson at the new york stock exchange. mary, how is it looking like it will close out the week? >> reporter: have to wait and see. a lot of news coming out. people on walling street focused on a different apple this morning, natalie, that being apple stores. crowds lining up around apple stores around the world, the reason being, of course, the iphone 5 goes on sale today. it is expected to be apple's top-selling phone to...
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. >>> now let's head to wall street and cnbc's courtney reagan at the new york stock exchange. do tell us more about the global bacon shortage on the way because al is very concerned this morning. he can't function. >> reporter: as are a number of others. this could be very true. if you're a bacon lover, start hoarding it now. according to britain's national pig association, a worldwide shortage of pork and bacon next year is unavoidable. it's a result of the drought that hit much of the country this year which damaged the crops used to feed the pigs, so the group predicts that the number of slaughtered pigs could fall by 10% in the second half of next year, and that could cause prices to double in some areas. natalie? >> start stocking up now. courtney reagan, thanks. >>> what better way to show a little school spirit than to boogie down "gangnam style." the ohio state marching band did their horse dance inspired by psy's mega hit and youtube video. ♪ ohio university, of course, matt's alma mater so he'll take all the credit for that performance. >> marching 110, most entert
. >>> now let's head to wall street and cnbc's courtney reagan at the new york stock exchange. do tell us more about the global bacon shortage on the way because al is very concerned this morning. he can't function. >> reporter: as are a number of others. this could be very true. if you're a bacon lover, start hoarding it now. according to britain's national pig association, a worldwide shortage of pork and bacon next year is unavoidable. it's a result of the drought that hit...
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that's our edition of 60 minutes on cnbc. i'm steve kroft. thanks for joining us. [ticking] [ticking] >> in a year's time, oil, a commodity that was traditionally priced according to supply and demand, doubled to nearly $150 a barrel, and then crashed along with the stock market. so what happened? well, it turns out the price of oil may have as much to do with traders and speculators on wall street as oil company executives or sheikhs in saudi arabia. >> i tease people sometimes that--you know, people say, "well, who's the largest oil company in america?" and they'll always say, "well, exxon mobil or chevron or b.p." but i'll say, "no, morgan stanley." [ticking] >> this is shaybah, a desert wilderness where temperatures can reach 135 degrees. beneath these sand dunes lie 18 billion barrels of oil, more than four times the proven reserves of alaska. and it's costing billions and billions to tap into it. with all the talk about kicking our addiction to foreign oil, the kingdom of saudi arabia is doing everything it can to keep the oil age going. let me be blunt: is i
that's our edition of 60 minutes on cnbc. i'm steve kroft. thanks for joining us. [ticking] [ticking] >> in a year's time, oil, a commodity that was traditionally priced according to supply and demand, doubled to nearly $150 a barrel, and then crashed along with the stock market. so what happened? well, it turns out the price of oil may have as much to do with traders and speculators on wall street as oil company executives or sheikhs in saudi arabia. >> i tease people sometimes...
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that's ahead when 60 minutes on cnbc returns. for over 60,000 california foster children, having necessary school supplies can mean the difference between success and failure. the day i start, i'm already behind. i never know what i'm gonna need. new school, new classes, new kids. it's hard starting over. to help, sleep train is collecting school supplies for local foster children. bring your gift to any sleep train, and help a foster child start the school year right. not everyone can be a foster parent, but anyone can help a foster child. [ticking] >> credit default swaps are private unregulated contracts that mortgage investors entered into to insure themselves against losses in the event their investments went bad. but as we reported in october 2008, when homeowners began defaulting on their mortgages, wall street's high-risk mortgage-backed securities also began to fail, and the big investment houses and insurance companies who sold the credit default swaps hadn't set aside enough money to insure all of those losses. bear st
that's ahead when 60 minutes on cnbc returns. for over 60,000 california foster children, having necessary school supplies can mean the difference between success and failure. the day i start, i'm already behind. i never know what i'm gonna need. new school, new classes, new kids. it's hard starting over. to help, sleep train is collecting school supplies for local foster children. bring your gift to any sleep train, and help a foster child start the school year right. not everyone can be a...
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>> that's ahead, when 60 minutes on cnbc returns. [ticking] [ male announcer ] it's a golden opportunity to experience the ultimate expression of power... control. [ engine revs ] during the golden opportunity sales event, get great values on some of our newest models. this is the pursuit of perfection. a passionate belief, and the foundation on which merrill lynch has been built. today, our financial advisors lead from a new position of strength. together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. [ticking] >> in 2011, steve kroft reported this story that caused quite a stir about best-selling author and philanthropist greg mortenson. it was the result of a seven-month investigation into the way mortenson ran his nonprofit organization, the central asia institute. our investigation also questioned whether some of the most inspiring and dramatic stories in his books like
>> that's ahead, when 60 minutes on cnbc returns. [ticking] [ male announcer ] it's a golden opportunity to experience the ultimate expression of power... control. [ engine revs ] during the golden opportunity sales event, get great values on some of our newest models. this is the pursuit of perfection. a passionate belief, and the foundation on which merrill lynch has been built. today, our financial advisors lead from a new position of strength. together with bank of america, they have...
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>> when 60 minutes on cnbc returns. [ticking] this country was built by working people. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. at usaa, we believe honor is not exclusive to the military, and commitment is not limited to on
>> when 60 minutes on cnbc returns. [ticking] this country was built by working people. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that...
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Sep 12, 2012
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here on cnbc. that is it for "power lunch." >>> brian sullivan, as we look at apple, up .5% on the trading session. we'll continue because street signs begins right now. plk. >>> welcome to street signs, everybody. i am brian sullivan in san francisco, outside the big and the iphone 5 and maybe more launch event. we've got a crowd here that has been with us pretty much the whole morning. it has been a big time event. there are hundreds of people inside. mandy, the event is still going. in moments i'm going to tell you what we know and maybe what we don't know and are still yet to learn. >> we are looking forward to it. >>> hello, everybody. i'm mandy drury. there is a lot happening here at hq. could drill down on how the u.s. will respond to the attack in libya and what it will mean for oil prices. >>> but first, back to brian in san francisco. it sounds like a weight watchers ad, it is thinner, lighter and supposedly will make you feel fabulous bhap do we know so far? >> you just hold it in your h
here on cnbc. that is it for "power lunch." >>> brian sullivan, as we look at apple, up .5% on the trading session. we'll continue because street signs begins right now. plk. >>> welcome to street signs, everybody. i am brian sullivan in san francisco, outside the big and the iphone 5 and maybe more launch event. we've got a crowd here that has been with us pretty much the whole morning. it has been a big time event. there are hundreds of people inside. mandy, the...
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Sep 20, 2012
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cbs chief lest moonves in a cnbc exclusive. his thoughts on the stock's momentum, much more, when "halftime" comes back. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ >>> all right. welcome back. let's head down to the new york stock exchange now and cnbc's david faber who's joined exclusively by a very special guest. a guest who has a lot of reasons to smile when you look at that stock price. >> you certainly do. you do if you're leslie moonves. president of cbs koorp ration. network with the most viewers nine out of the last ten years. you head into this season. i think starts monday in fall. >> starts monday. >> what would you say to those that
cbs chief lest moonves in a cnbc exclusive. his thoughts on the stock's momentum, much more, when "halftime" comes back. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000...
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Sep 5, 2012
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. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we look at the effect of three disasters: the massive 2010 gulf oil spill, the chilean mine collapse that trapped 33 miners underground for weeks, and, in 2011, the massive earthquake in japan followed by a devastating tsunami. we begin with the bp oil spill and kenneth feinberg, the lawyer who is the go-to guy for thankless jobs, america's arbiter of human suffering. we first met him when he was adjudicating the fund for the almost 3,000 victims of 9/11. in the fall of 2010, we caught up with him again. he now has what in sheer numbers may be the biggest headache of all: compensating the thousands of angry people affected by the spill. feinberg held town meetings for weeks in the gulf states, where, armed only with his reputation and a $20 billion pot of money, he called for patience and accepted all blame. >> i don't care what bp did before. no more bp. blame me. don't blame bp anymore. >> feinberg may be perceived by most americans as the fairest in the land-- if n
. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we look at the effect of three disasters: the massive 2010 gulf oil spill, the chilean mine collapse that trapped 33 miners underground for weeks, and, in 2011, the massive earthquake in japan followed by a devastating tsunami. we begin with the bp oil spill and kenneth feinberg, the lawyer who is the go-to guy for thankless jobs, america's arbiter of human suffering. we first met him when he was adjudicating the fund...
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well, that's our edition of 60 minutes on cnbc. i'm steve kroft. thanks for joining us. [ticking] [ticking] >> warren buffett, america's second-richest man, is a household name, his son howard not so much. and yet he's the person warren buffett wants to succeed him as chairman of berkshire hathaway, the mega holding company that buffett built. like his father, howard does not live the high life. in fact, he's a farmer who would rather dig up the ground than sit in a boardroom. are you sure he's your son? >> well, i think that's worth checking out. you'll have a big exclusive. [ticking] [bell ringing] >> for 150 years, the floor of the new york stock exchange was the center of the financial world. but today most trading in stocks is done elsewhere by robot computers that buy and sell in microseconds, faster than you can blink an eye. and the computers have done so well that some institutional traders have come to believe that the game is rigged. are humans ever involved in the trading? >> humans are not involved in the trading because humans are way too slow. [ticking] >>
well, that's our edition of 60 minutes on cnbc. i'm steve kroft. thanks for joining us. [ticking] [ticking] >> warren buffett, america's second-richest man, is a household name, his son howard not so much. and yet he's the person warren buffett wants to succeed him as chairman of berkshire hathaway, the mega holding company that buffett built. like his father, howard does not live the high life. in fact, he's a farmer who would rather dig up the ground than sit in a boardroom. are you...
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. >> welcome to "60 minutes on cnbc." i'm lesley stahl. in this edition, we examine the boardroom intrigue at hewlett-packard between 2005 and 2007. it was a tumultuous saga that led to criminal charges, executive firings, accusations of sexism, and lots and lots of finger-pointing. and in the midst of it all, three of the protagonists told me their sides of the story -- pattie dunn, thomas perkins, and carly fiorina. we begin with pattie dunn. it was 2005, and she was appointed chairman of hewlett-packard. yet just 20 months later, dunn was gone from hp due to her participation in an internal investigation that involved spying on members of the board. less than a month later, dunn was charged with four felony counts for her role in that investigation. in october 2006, only hours after the criminal charges against her were announced, pattie dunn sat down with me to talk about what happened at hewlett-packard. let me ask you the obvious question that i think every lawyer who's watching this is asking himself or herself. why are you giving u
. >> welcome to "60 minutes on cnbc." i'm lesley stahl. in this edition, we examine the boardroom intrigue at hewlett-packard between 2005 and 2007. it was a tumultuous saga that led to criminal charges, executive firings, accusations of sexism, and lots and lots of finger-pointing. and in the midst of it all, three of the protagonists told me their sides of the story -- pattie dunn, thomas perkins, and carly fiorina. we begin with pattie dunn. it was 2005, and she was appointed...
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that's all next week on cnbc. i don't know how they walk in those shoes. >> i think we should have you try. >>> australian dollar is staying near six-week low despite data showing more than two decades of uninterrupted growth in the country. we have this report from sydney. >> reporter: economic growth in australia was still solid in the second quarter but did disappoint coming in at 0.6% quarter on quarter. household consumption, government spending staying strong in the quarter but concerns are prevalent when it comes to falling commodity prices, especially iron ore. treasurer trying to ease some of those worries today. >> we have seen some recent falls in commodity prices. of course, we know we've had a sustained higher dollar. and we know that that has weighed on some investment decisions. particularly for early stage projects. but none of these things, none of these things diminish the enormous amount of investment that has already occurred or the record $260 in the resource investment pipeline that is at an
that's all next week on cnbc. i don't know how they walk in those shoes. >> i think we should have you try. >>> australian dollar is staying near six-week low despite data showing more than two decades of uninterrupted growth in the country. we have this report from sydney. >> reporter: economic growth in australia was still solid in the second quarter but did disappoint coming in at 0.6% quarter on quarter. household consumption, government spending staying strong in the...
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cnbc has just received a copy of mitt romney's 2011 tax return. we're going to go through them next with john harwood in washington. stay with us. [ female announcer ] the next generation of investing technology is now within your grasp with the e-trade 360 investing dashboard. e-trade 360 is the world's first investing homepage that shows you where all your investments are and what they're doing with free streaming quotes, news, analysis and even your trade ticket. everything exactly the way you want it, all on one page. transform your investing with the e-trade 360 investing dashboard. ♪ [ male announcer ] introducing a stunning work of technology. introducing the entirely new lexus es. and the first-ever es hybrid. this is pursuit of perfection. wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of the old and combined it with modern technology. together you get quality services on your terms, with total customer support. legalzoom docu
cnbc has just received a copy of mitt romney's 2011 tax return. we're going to go through them next with john harwood in washington. stay with us. [ female announcer ] the next generation of investing technology is now within your grasp with the e-trade 360 investing dashboard. e-trade 360 is the world's first investing homepage that shows you where all your investments are and what they're doing with free streaming quotes, news, analysis and even your trade ticket. everything exactly the way...
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Sep 19, 2012
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[ticking] >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we look at the serious business of philanthropy. bill and melinda gates take us inside their foundation, we examine the unintended legacy of howard hughes, and meet a staten island woman helping children maimed by war. we begin with bill and melinda gates. with their plan to give away $60 billion, they're the most generous philanthropists in the world. they want to make american kids among the best-educated on earth. and while they're doing that, they also intend to save millions of lives worldwide. the gates shun publicity, but in october 2010, melinda gates agreed to show scott pelley the nuts and bolts of giving away a fortune. [train whistles] >> the north of india, where it is a short drive from the big city to the middle ages. [animals bellow] in the countryside of india's most crowded state, uttar pradesh, often, food is scarce, electricity nonexistent, women and infants die in childbirth, and medicine remains in the realm of superstition. it's exactly what mel
[ticking] >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we look at the serious business of philanthropy. bill and melinda gates take us inside their foundation, we examine the unintended legacy of howard hughes, and meet a staten island woman helping children maimed by war. we begin with bill and melinda gates. with their plan to give away $60 billion, they're the most generous philanthropists in the world. they want to make american kids among the best-educated on...
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. >> welcome to 60 minutes on cnbc. i'm bob simon. in this edition, we turn our attention to some foreign intrigue. first, a story about a mysterious computer virus that struck an iranian nuclear plant. later, the report of how american agents hunted a notorious arms dealer. and finally, an account of a chinese-american spy trying to steal u.s. military secrets for china. we begin with the story of stuxnet, a computer virus considered to be the world's first destructive cyberweapon. it was launched several years ago against an iranian nuclear facility, almost certainly with some u.s. involvement. but as steve kroft reported in march of 2012, the implications and possible consequences of this new kind of warfare are now being studied intensely. >> i do believe that the cyber threat will equal or surpass the threat from counter terrorism in the foreseeable future. >> there's a strong likelihood that the next pearl harbor that we confront could very well be a cyber attack. >> we will suffer a catastrophic cyber attack. the clock is ticki
. >> welcome to 60 minutes on cnbc. i'm bob simon. in this edition, we turn our attention to some foreign intrigue. first, a story about a mysterious computer virus that struck an iranian nuclear plant. later, the report of how american agents hunted a notorious arms dealer. and finally, an account of a chinese-american spy trying to steal u.s. military secrets for china. we begin with the story of stuxnet, a computer virus considered to be the world's first destructive cyberweapon. it...
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. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we take a look at the impact of global expansion on american corporate tax loopholes, counterfeit drug trafficking, and the economic rise of brazil. we begin with the always taxing topic of taxation. companies searching out tax havens are nothing new. in the '80s and '90s, there was an exodus to bermuda and the cayman islands, where there are no taxes at all. when the government threatened to clamp down on tax dodging, many companies decided to leave the caribbean, but as lesley stahl first reported in march 2011, instead of coming back home, they went to safer havens like switzerland. >> several of these companies came to this tiny dot on the swiss map called zug, a small, quaint, medieval town. i don't think anybody's ever heard of zug in the united states. hans marti, who heads zug's economic development office, showed off the nearby snow-covered mountains. but zug's main selling point isn't a view of the alps. how low are the taxes here? >> it's something between
. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we take a look at the impact of global expansion on american corporate tax loopholes, counterfeit drug trafficking, and the economic rise of brazil. we begin with the always taxing topic of taxation. companies searching out tax havens are nothing new. in the '80s and '90s, there was an exodus to bermuda and the cayman islands, where there are no taxes at all. when the government threatened to clamp down on tax dodging,...
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cnbc's phil lebeau has more on that complaint against china. what are they upset about? >> let's start first off with the auto parts supplier. the president today in ohio coming out and saying, listen, the u.s. is going to file a trade case with the world trade organization, the wto, against china involving chinese auto parts suppliers. the president campaigning in ohio says that these suppliers have been giving illegal export subsidies from their home base in china and as a result, chinese exports have increased 700% in the last decade and that it's been undercutting the u.s. auto part makers. that's why when you take a look at job losses, since 1999, this industry has been decimated. they lost about 36 360,000 jobs since 1999. that's part of the xlanlt. the other issue the u.s. is bringing up today they believe china is imposing tariffs on u.s.-built autos. that has been going on. they have been imposing tariffs on u.s.-built autos. 15% tariff on large engine suvs and automobiles. we're talking mainly 90,000 vehicles made here and sold there in a market of 18.5 million
cnbc's phil lebeau has more on that complaint against china. what are they upset about? >> let's start first off with the auto parts supplier. the president today in ohio coming out and saying, listen, the u.s. is going to file a trade case with the world trade organization, the wto, against china involving chinese auto parts suppliers. the president campaigning in ohio says that these suppliers have been giving illegal export subsidies from their home base in china and as a result,...
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good to see you at cnbc. >> great to sigh. >> people are talking about this is the tipping point that the nfl now has to do something to get the regular refs back in. can they withstand a hit like what happened last night? >> no they can't. i think this is a little bit different. you know, this situation, you know, really brought everything to life. you know, the owners and the players battled throughout a lockout but now the fans really want integrity of the game back. you know it is about the fan t is not about the coaches. not about the players. not about the owners it is about the fans. tough give them a quality product on the field. >> ironically, 20 million people watched on nbc sunday night, no sponsors are clamoring, unless people start vacating the stands or a rally, players do anything about it or players union? >> if the legitimacy of the results affects the ranking, which affects eventually the super bowl, which affects the playoffs, i would think the fans might not -- if you can't believe the statistics why do you go to the game? that would be my opinion? >> exactly. foot
good to see you at cnbc. >> great to sigh. >> people are talking about this is the tipping point that the nfl now has to do something to get the regular refs back in. can they withstand a hit like what happened last night? >> no they can't. i think this is a little bit different. you know, this situation, you know, really brought everything to life. you know, the owners and the players battled throughout a lockout but now the fans really want integrity of the game back. you...
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cnbc anchor uh simon hobbs and cnbc's rick santelli. i don't want to spend the segment on this. i do want to begin with you, b.k., and ask you. stocks rising under obama. the stock market liked president obama. do they like his policies? right now with today's rally, clinton handing the baton. do they want obama to win? is that possible? >> i don't think so. since 2009 on the list of ten things i look at during the day, number 11 . uh today going forward i look at the two parties. i'm looking at tax increases or spending cuts which for me aren't the best thing for earnings dprout. this is a ben bernanke rally from the beginning. he did a beautiful job managing the delinchs process. let's hope we have the power to keep this thing going. >> rick santelli, thanks for staying with us tonight. double there is an obama factor in the stock market rally? stocks doubled since march of 2009. look, i have guys saying this to me. they are tweeting to me and they say, kudlow, you argue stocks cover politics and the economy. i do. i want to be fair. >> i don't think they rally in it in. i wou
cnbc anchor uh simon hobbs and cnbc's rick santelli. i don't want to spend the segment on this. i do want to begin with you, b.k., and ask you. stocks rising under obama. the stock market liked president obama. do they like his policies? right now with today's rally, clinton handing the baton. do they want obama to win? is that possible? >> i don't think so. since 2009 on the list of ten things i look at during the day, number 11 . uh today going forward i look at the two parties. i'm...
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at 8:00 eastern time the ceo of research in motion joins us in a first on cnbc interview. the company reporting results last night that were better than expected. we'll have more on those numbers in just a minute. and at 8:15 eastern time senator rand paul joins us to talk about fed policy, the national debt and more. >>> right now, though, i'll send it over to han drew who has this morning's headlines. >> take a look at futures we've got red arrows across the board. the dow looks like it would open up 48 points lower and the s&p off five points and the nasdaq at nine points. let's get you to the morning headlines. let's see how shares of research in motion is doing after results. rimm reporting smaller-than-expected loss and an upbeat in sales and an increase in cash on hand, good news. but they're still losing money and we're going to be talking to their ceo later today. >>> british regulators have proposed a ten-point plan to fix libor, but they're rejecting calls to scrap the entire system. the financial services authority says it would be virtually impossible to repla
at 8:00 eastern time the ceo of research in motion joins us in a first on cnbc interview. the company reporting results last night that were better than expected. we'll have more on those numbers in just a minute. and at 8:15 eastern time senator rand paul joins us to talk about fed policy, the national debt and more. >>> right now, though, i'll send it over to han drew who has this morning's headlines. >> take a look at futures we've got red arrows across the board. the dow...
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now, for the other headlines coming into the cnbc newsroom, let's go straight there and to cnbc's own jackie deangelis, good evening. >> good evening. we start off with more layoffs at two tech giants. hewlett-packard announcing an additional 2,000 job cuts. as ceo meg whitman puts her structure into effect. look for 11,500 for this year. and kodak will eliminate 1,000 jobs as it looks to bankruptcy next year and didn't say where they will be made. >>> in the arctic ocean, shell oil began drilling monday. sea ice is drifting towards the site and shell is moving the drill as a safety precaution. bp is reducing its presence in mexico selling assets for $5 billion part of which to pay for the cleanup costs from the explosion and spill two years ago and will still have some left after the sale. >>> the democratic ticket found itself crossing into the reality tv zone or maybe a road trip. here's the president getting a full off the ground buddy hug from scott vanduzer from big apple pizza in fort pierce, florida and now says that stunt cost him patrons from both parties and vice president
now, for the other headlines coming into the cnbc newsroom, let's go straight there and to cnbc's own jackie deangelis, good evening. >> good evening. we start off with more layoffs at two tech giants. hewlett-packard announcing an additional 2,000 job cuts. as ceo meg whitman puts her structure into effect. look for 11,500 for this year. and kodak will eliminate 1,000 jobs as it looks to bankruptcy next year and didn't say where they will be made. >>> in the arctic ocean, shell...
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Sep 5, 2012
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cnbc's own john harwood previews the former president's dnc address. good evening, john. >> good evening, larry. the democratic convention is getting fired up by speakers behind me. the main event is bill clinton who will bring full circle a relationship that was strained with barack obama when barack obama and hillary clinton ran against each other four years ago. clinton is here because nobody has more credibility in politics on the economy and nobody can frame an argument better, as you see in this ad that began airing last month for president obama. >> the republican plan is to cut more taxes on upper income people and go back to deregulation. that's what got us in trouble. president obama has a plan to rebuild america from the ground up. >> larry, we have excerpts from what bill clinton will say tonight. he's going to say if you want a winner-take-all, you're on your own society vote republican. if uh you want a society of shared prosperity and we are all in this together, vote for president obama. this convention will hear from elizabeth warren,
cnbc's own john harwood previews the former president's dnc address. good evening, john. >> good evening, larry. the democratic convention is getting fired up by speakers behind me. the main event is bill clinton who will bring full circle a relationship that was strained with barack obama when barack obama and hillary clinton ran against each other four years ago. clinton is here because nobody has more credibility in politics on the economy and nobody can frame an argument better, as...
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Sep 28, 2012
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cnbc will be there live. i will have full coverage before and after the debate. >>> up next this evening, the president blocks a chinese buy business deal in the u.s. for security reasons. isn't that right? >> thank you, larry. a dramatic, unusual announcement from the obama administration involving a chinese wind farm facility in oregon that just happens to be right next to a sensitive united states military base. i will have all of the details when "the kudlow report" comes back. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value of spending time together that's a lot of work getting that one in! let's go se
cnbc will be there live. i will have full coverage before and after the debate. >>> up next this evening, the president blocks a chinese buy business deal in the u.s. for security reasons. isn't that right? >> thank you, larry. a dramatic, unusual announcement from the obama administration involving a chinese wind farm facility in oregon that just happens to be right next to a sensitive united states military base. i will have all of the details when "the kudlow report"...
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Sep 20, 2012
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cnbc's jane wells is live in l.a. and she has a great list. >> i've always wanted to do that on television. you know, we usually like to do more than just a long or short trade. we're going to talk about paris trades, maybe a strangle, a buy limit order. i like to look at three or four celebrities but this week there's only one. find out who it is after the break. now, that's what i call a test drive. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! >>> welcome back to "power lunch." we're watching carmax after it reported its fiscal second quarter numbers. the earnings rose slightly we saw improved retail sales and income in its financial unit though the bottom line was hit by higher overhead costs. still
cnbc's jane wells is live in l.a. and she has a great list. >> i've always wanted to do that on television. you know, we usually like to do more than just a long or short trade. we're going to talk about paris trades, maybe a strangle, a buy limit order. i like to look at three or four celebrities but this week there's only one. find out who it is after the break. now, that's what i call a test drive. silverado! the most dependable, longest lasting, full-size pickups on the road. so, what...
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Sep 7, 2012
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welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick and andrew "dice" sorkin. do it again? jack and jill go up the hill with a buck and a quarter -- let's leave it right there. andrew "dice," do it. >>> the top story, august employment report, dow jones news service says the economy likely added 125,000 jobs last month. adp was 201,000. why is it 125,000? >> i don't know why nobody raised their expectations because adp was dead on last month. >> rupert murdoch is he able to editorially inspire news wires or -- >> no. >> if rupert were in charge it would be up to 170,000. that's a "new york times" number. >> my guess is that traders would be a little disappointed and maybe the public. >> the new york times number adding 10,000. anybody above 10,000 would be a plus for president obama. >> one additional job, you'll get a headline they beat expectations. >> did you dictate that or someone above you? >> is there anybody above? >> see, you're not tired. >> unemployment rate is seen holding steady. not i
welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick and andrew "dice" sorkin. do it again? jack and jill go up the hill with a buck and a quarter -- let's leave it right there. andrew "dice," do it. >>> the top story, august employment report, dow jones news service says the economy likely added 125,000 jobs last month. adp was 201,000. why is it 125,000? >> i don't know why nobody raised their expectations because adp...